Defined Benefit (Pension) · DOL Form 5500 · 2022

Hess Corporation Pension Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
1,318
Participants Near avg headcount
99th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hess Corporation Employees' Pension Plan · Sponsored by Hess Corporation · Texas · Manufacturing

$2.0B in assets, 1,318 participants

Hess Corporation's Hess Corporation Employees' Pension Plan reported $2.0B in total assets and 1,318 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #20,376 in Manufacturing (20,602 peers)

Where Hess Corporation Employees' Pension Plan sits by assets

Hess Corporation Employees' Pension Plan sits among the largest 1% of all filed plans, $2.0B for 1,318 participants (~$1.5M/participant), down 23.1% in 2022.

#20,376
in Manufacturing (20,602 peers)
-23.1%
assets change YoY
20×
vs typical plan assets (national mean)

The plan reported a net loss of $581M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hess Corporation Employees' Pension Plan's outsized position by total assets

Hess Corporation Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,955,153,770 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hess Corporation Employees' Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hess Corporation Employees' Pension Plan lands in the large band (1,318 participants).

Form 5500 schedule snapshot

Filing strip 134921002 · Hess Corporation PY 2022 · Defined Benefit (Pension)

Hess Corporation Employees' Pension Plan · $2.0B · 1,318 · 99th

  • 5500 $2.0B
  • ASSETS 1,318
  • PCT 99th
  • EIN Defined Benefit (Pension)
  • RANK near John Hancock Pension Plan
  • PHOTO ind #20376

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Texas →

Hess Corporation Employees' Pension Plan in the asset neighbourhood

Hess Corporation Employees' Pension PlanHess Corporation Employees' …$2.0BMarathon Petroleum Retirement PlanMarathon Petroleum Retiremen…$2.0BJohn Hancock Pension Plan$2.0BTwin City Hospitals - Minnesota Nurses Association Pension PlanTwin City Hospitals - Minnes…$1.9BCna Retirement Plan$1.9B
End-of-year total assets ($B) among Hess Corporation Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$1.9B
Net Income-$581M
Employer EIN134921002
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hess Corporation)

Sponsor-wide plan assets over time

All Hess Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 4.792069519831085% vs 2022
2024 filing year
$2.8B$2.85B$2.9B$2.95B$3B$3.05B 202220232024 $2.86B $3B ▲ +4.9%
Year Plans Participants Total Assets
2022 3 2,731 $2.9B
2023 2 2,811 $2.9B
2024 2 3,021 $3.0B

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hess Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 01020304050 Total assets ($B) Participants Hess Corporation Employees' Pension Plan, Total assets ($B): 1.95515377 · Participants: 1318Hess Corporation Employees' Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Hess Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Hess Corporation Employees' Pension Plan side-by-side with 3 peers →

Hess Corporation Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is John Hancock Pension Plan in MA ($2.0B); by covered participants it is Pension Plan for Eaton Employees in Puerto Rico in PR (1,318 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,318 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hess Corporation Employees' Pension Plan assets move in 2022? ▼
Hess Corporation Employees' Pension Plan declined sharply - down 23.1% during 2022, from $2.5B to $2.0B. Reported net income was -$581M.
How have Hess Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hess Corporation's sponsor-wide assets grew 4.8%, from $2.9B to $3.0B.
Where does Hess Corporation Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Hess Corporation Employees' Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Hess Corporation Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is John Hancock Pension Plan in MA ($2.0B, 5,222 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hess Corporation Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Eaton Employees in Puerto Rico in PR (1,318 participants, $87M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 134921002.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.